Historic levels of global indebtedness and rising interest rates were among key topics discussed by credit market experts at this year’s Morningstar Investment Conference.

Investors are heading into a period of unease in the fixed income sector, according to two panel session participants, Brad Boyd, senior vice president at Payden & Rygel Investment Management, and Brett Lewthwaite, Macquarie Investment Management’s co-head of Fixed Income. While they agree on the above point, their views differ on the specific causes and how investors should be positioned to mitigate the risks.

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